Current:Home > InvestVan Zweden earned $1.5M as New York Philharmonic music director in 2022-23 -Pinnacle Profit Strategies
Van Zweden earned $1.5M as New York Philharmonic music director in 2022-23
TradeEdge Exchange View
Date:2025-04-09 02:37:04
NEW YORK (AP) — Music director Jaap van Zweden earned just over $1.5 million from the New York Philharmonic in the fiscal year ending Aug. 31, 2023, and Deborah Borda received slightly more than $1.7 million in her final season as CEO.
The Philharmonic released its 2022 tax return Wednesday, covering its first season back at David Geffen Hall following a $550 million renovation.
Ticket revenue rebounded to $29.76 million from $11.18 million in the prior fiscal year, when the orchestra presented a shortened schedule at several venues around New York City. The COVID-19 pandemic and the Philharmonic’s move away from Lincoln Center during reconstruction were factors in the shift in revenue.
In its annual report, the orchestra said it received $45.3 million in contributions for the construction project during 2022-23, down from $68.8 million in 2021-22. A $53.7 million liability is listed for Geffen Hall bridge funding.
Van Zweden’s Bajada Productions was paid $1,525,711 in a period that covered his next-to-last season as music director, an increase from $1,128,266 in 2021-22. Gustavo Dudamel becomes music director in 2026-27 and will serve as music director designate in 2025-26.
Borda earned $1,317,344 in base compensation and a $400,000 bonus.
Gary Ginstling earned $117,262 in salary and a $55,000 bonus during the fiscal year, when he served as executive director from November through June before succeeding Borda on July 1, 2023. Ginstling surprisingly resigned this summer, when Borda returned to lead a transition team.
Concertmaster Frank Huang earned $361,713 in salary plus $548,139 in bonuses, which account for restored pay from during the pandemic.
Other musicians listed included principal trumpet Christopher Martin ($255,858 pay and $326,511 bonus), principal cello Carter Brey ($261,040 plus $328,319), principal oboe Liang Wang ($253,524 plus $326,520) and principal clarinet Anthony McGill ($394,715).
veryGood! (9459)
Related
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Another round of powerful, dry winds to raise wildfire risk across California
- North Dakota measures would end local property taxes and legalize recreational marijuana
- Kristin Cavallari Wants Partner With a Vasectomy After Mark Estes Split
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- A pivotal Nevada Senate race is unusually quiet for the battleground state
- Legislature’s majorities and picking a new state attorney general are on the Pennsylvania ballot
- Jayden Maiava to start over Miller Moss in USC's next game against Nebraska, per reports
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- US Rep. John Curtis is favored to win Mitt Romney’s open Senate seat in Utah
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Taylor Swift's Brother Austin Swift Stops Fan From Being Kicked Out of Eras Tour
- First Family Secret Service Code Names Revealed for the Trumps, Bidens, Obamas and More
- Jaw-Dropping Amazon Fashion Deals: 3 Long-Sleeve Shirts for $19, Plus Up to 69% Off Fall Styles
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Democrats in Ohio defending 3 key seats in fight for control of US House
- NASA video shows 2 galaxies forming 'blood-soaked eyes' figure in space
- Sign of the times in front yard political wars: A campaign to make America laugh again
Recommendation
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Home Depot founder Bernard Marcus, Trump supporter and Republican megadonor, has died
How do I begin supervising former co-workers and friends? Ask HR
Kamala Harris concert rallies: Lady Gaga, Katy Perry, Ricky Martin, more perform
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Sara Foster Confirms Breakup From Tommy Haas, Shares Personal Update Amid Separation
Who is John King? What to know about CNN anchor reporting from the 'magic wall'
Za'Darius Smith trade grades: Who won deal between Lions, Browns?